Word: quarterlies
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Dates: during 1960-1969
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...courage." The general was no less pleased with the choice of Paris as the site for the Washington-Hanoi negotiations. Then came France's May riots, which shook the Gaullist monolith and weakened the franc; the Shrivers deplaned as students were battling police by night in the Latin Quarter. As the pro-De Gaulle newspaper Paris-Presse observed, "M. Shriver started from scratch at a time when France was making a clean sweep of the past." The assassination of Robert Kennedy evoked French sympathy for his sister Eunice Shriver. Finally, the Soviet invasion of Czechoslovakia abruptly ended De Gaulle...
...this analogy, Reuben is the free-spending U.S. consumer, who is apparently playing all too fast and loose. Despite a deliberate anti-inflation deal from Uncle Sam, who enacted the 10% tax surcharge in July, the consumer is buying even more than he did before. During the third quarter of the year, savings declined while consumer spending actually rose to 10% over the level of the same quarter last year...
...Cure. Largely because spending remains robust, the nation's gross national product is surpassing expectations. In the third quarter, the total output of goods and services reached an annual rate of $870.8 billion, a $17.9 billion increase just slightly less than the $21 billion average rise of the first two quarters. Unfortunately, almost half the increase is not "real"; it represents only further inflation of the dollar...
Selling Off. Cole now plans to cut costs drastically to reduce future losses like last quarter's $1,200,000 deficit. He hopes to retain as many of his 1,700 highly skilled production workers as possible, while selling off a small Long Island subsidiary and sizable chunks of Chicago real estate once earmarked for expansion space. Preferring to press on in living color even if it is red, Cole still does not plan to diversify, or even return to black-and-white, which has recently been enjoying a modest boom...
Practice was called off yesterday, as the team rested after Wednesday's defeat of Brown, 3-1. The Brown team, which brought only two substitutes to Cambridge for the game, was unable to hold back Harvard's offensive attacks after the first quarter...